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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (21493)6/10/2004 4:50:07 PM
From: fattyRead Replies (1) of 306849
 
>Has there ever been a time when the person with a median income could afford to buy the median home in CA?

It must have. I know a couple in San Francisco who owns 1 single house and 2 multi-families totally free of mortgage. They have been post office clerks for the past 20 years. No trust funds, connections or investment talents. They just brought at the right time.
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